JPMorgan Chase & Co. Raises Position in iShares High Yield Systematic Bond ETF $HYDB

JPMorgan Chase & Co. increased its stake in iShares High Yield Systematic Bond ETF (BATS:HYDB) by 22.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 277,216 shares of the company’s stock after buying an additional 51,671 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares High Yield Systematic Bond ETF were worth $13,263,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of HYDB. CoreCap Advisors LLC boosted its holdings in iShares High Yield Systematic Bond ETF by 488.6% in the 3rd quarter. CoreCap Advisors LLC now owns 518 shares of the company’s stock worth $25,000 after acquiring an additional 430 shares during the period. PNC Financial Services Group Inc. grew its position in iShares High Yield Systematic Bond ETF by 36.7% in the second quarter. PNC Financial Services Group Inc. now owns 1,434 shares of the company’s stock valued at $68,000 after acquiring an additional 385 shares in the last quarter. NBT Bank N A NY raised its stake in shares of iShares High Yield Systematic Bond ETF by 7.2% during the third quarter. NBT Bank N A NY now owns 9,695 shares of the company’s stock valued at $464,000 after purchasing an additional 650 shares during the period. Strategic Blueprint LLC raised its stake in shares of iShares High Yield Systematic Bond ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 12,779 shares of the company’s stock valued at $611,000 after purchasing an additional 279 shares during the period. Finally, Manning & Napier Advisors LLC lifted its position in shares of iShares High Yield Systematic Bond ETF by 1,695.3% during the third quarter. Manning & Napier Advisors LLC now owns 19,946 shares of the company’s stock worth $955,000 after purchasing an additional 18,835 shares in the last quarter.

iShares High Yield Systematic Bond ETF Stock Performance

Shares of HYDB stock opened at $46.03 on Friday. The firm has a fifty day simple moving average of $47.20 and a 200-day simple moving average of $47.36. iShares High Yield Systematic Bond ETF has a twelve month low of $44.04 and a twelve month high of $47.99.

iShares High Yield Systematic Bond ETF Company Profile

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.